712 Sycamore AveHastingsNE68901
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hastings at 712 Sycamore Ave, Hastings, NE, 68901 priced at $240,000 converts $2,065/mo rent into $444/mo cash flow after a $1,175/mo obligation. Total monthly income equals $2,065/mo, and annual cash flow totals $5,328/yr on $79,560 invested. Return on cash invested prints 26.61% in year one, and rental yield reads 10.32% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 139.49% and total cumulative return in cash sums $110,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,065/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Stacie Widhelm • Keller Williams Heartland
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250448
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.